Global Smart Agriculture Market Outlook, 2027

Global Smart Agriculture Market Outlook, 2027

According to the report title “Global Smart Agriculture Market Outlook, 2027”, published by Bonafide Research, the market size of the Global Smart Agriculture Market is expected to grow with a CAGR of more than 12.10% in the forecasted year of 2027. The global smart agriculture market includes precision agriculture market, precision livestock monitoring market, precision aquaculture market, smart greenhouse market & precision forestry market.

Precision farming is widely known as precision agriculture. Precision agriculture is a method of increasing average yields by using exact amounts of inputs in comparison to traditional gardening approaches. The smart greenhouse remote monitoring system primarily measures indoor CO2, humidity, temperature, light, soil moisture, soil pH, and air pressure. These elements have a direct impact on greenhouse plant growth. The sensor is an important part of the greenhouse's remote monitoring system. Each sensor continuously analyses a different environmental component at a different place and communicates the data to the monitoring system.

Precision livestock monitoring provides animals' location, temperature, blood pressure, and heart rate are monitored using a wearable collar or tag (RFID) with sensors, which wirelessly communicate the data to farmers' devices in near-real-time. Livestock monitoring improves livestock health and vitality with real-time monitoring in order to cure animals. According to a European Commission research, such networks would help farmers enhance animal output by more than 22%. Livestock monitoring and disease detection are two key elements driving this market's growth. Precision fish farming or Aquaculture is related to growing aquatic animals for the sake of beneficial products of aquaculture. The market includes surface cameras, sonar, stereo video and acoustic telemetry. The physical components include evaluating water quality indicators including temperature, dissolved oxygen, pH, and hardness of water, which are the most significant factors for fish breeding. It also incorporates automatic feeding of the fish at set intervals to reduce food waste and water contamination.

The biggest factors for the precision forestry market are the growing modernization of forestry operations, increasing preference for forestry products, falling costs of advanced monitoring and surveillance technologies, and increased government support for the adoption of modern forestry techniques to combat illegal logging. It also improves wood product quality, reduces waste, increases profit, and maintains environmental quality. Though precision forestry is growing with the lowest CAGR among all of them it has a very huge potential market of around $4.4 billion in 2021. This market gives overall cost-saving and reduction in deforestation.

North America is the leader in the global smart agriculture market. The reason behind it is the USA and Canada is the major countries contributing pre-adoption of these technologies. On the other hand, Asia-Pacific is expected to grow with the highest CAGR in the forecast period. China and Japan’s government’s support towards automation and dairy farms is the major market driver. According to FAO, countries like China, Indonesia, Peru, India, Russia and USA accounted for almost 50% of total global aqua-capture production. On the other side, Russia, Brazil, Canada, USA & China have the highest forest area. By offering type; the hardware segment has a huge market share compared to software and services. In future, the software and services market share will be increased due to subscription services and modern software techniques.

COVID-19 Impact:
Adoption of IoT and AI by dairy farmers and livestock monitoring management; and substantial cost-saving associated with other agriculture-related industries. The growing population of cattle with increasing dairy farms, increasing adoption of livestock monitoring technology and increasing demand for food in developing countries create a strong demand for smart agriculture in the midst of COVID-19. Of course, due to lack of transportation, manpower, and other lockdown restrictions, the market growth was disturbed a bit.

Major Companies present in the market:
Raven Industries, Inc, Merck & Co., Inc, Deere & Company, AgJunction Inc., Trimble Inc., Topcon Positioning Systems, Inc., AGCO Corporation, AG Leader Technology, Afimilk Limited, InnovaSea Systems, Inc., Abaco Systems, Inc., GEA Group Aktiengesellschaft (GeaCowScout), Grownetics, Inc., Heliospectra AB, Nedap N.V. Inc, Gamaya SA, Ceres Imaging, Inc, AKVA group, CropX Technologies

Considered in this report
• Geography: Global
• Historic Year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• Global Smart Agriculture Market with its value and forecast along with its segments
• Region & country wise smart agriculture market analysis
• Application wise smart agriculture distribution
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Regions covered in the report
North America
Europe
Asia-Pacific
Latin America
Middle-East & Africa

Types of smart agriculturein the report:
Precision Agriculture
Aquaculture/Precision Fish Farming
Smart Greenhouse Market
Precision Livestock Monitoring Market
Precision Forestry Market

By OfferingType in the report:
Hardware
Software
Services

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agriculture industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.


1. Executive Summary
2. Report Methodology
3. Market Structure
3.1. Market Considerate
3.2. Market Definition
4. Economic /Demographic Snapshot
5. Global Smart Agriculture Market Outlook
5.1. Market Size by Value
5.2. Market Share
5.2.1. By Region
5.2.2. By Country
5.2.3. By Company
5.2.4. By Type
5.2.5. By Offering
6. North America Smart Agriculture Market Outlook
6.1. Market Size by Value
6.2. Market Share
6.2.1. By Country
6.2.2. By Type
6.2.3. By Offering
6.3. US Smart Agriculture Market Outlook
6.3.1. Market Size by Value
6.3.2. Market Share
6.3.2.1. By Type
6.3.2.2. By Offering
6.4. Canada Smart Agriculture Market Outlook
6.4.1. Market Size by Value
6.4.2. Market Share
6.4.2.1. By Type
6.4.2.2. By Offering
6.5. Mexico Smart Agriculture Market Outlook
6.5.1. Market Size by Value
6.5.2. Market Share
6.5.2.1. By Type
6.5.2.2. By Offering
7. Europe Smart Agriculture Market Outlook
7.1. Market Size by Value
7.2. Market Share
7.2.1. By Country
7.2.2. By Type
7.2.3. By Offering
7.3. Germany Smart Agriculture Market Outlook
7.3.1. Market Size by Value
7.3.2. Market Share
7.3.2.1. By Type
7.3.2.2. By Offering
7.4. UK Smart Agriculture Market Outlook
7.4.1. Market Size by Value
7.4.2. Market Share
7.4.2.1. By Type
7.4.2.2. By Offering
7.5. France Smart Agriculture Market Outlook
7.5.1. Market Size by Value
7.5.2. Market Share
7.5.2.1. By Type
7.5.2.2. By Offering
7.6. Italy Smart Agriculture Market Outlook
7.6.1. Market Size by Value
7.6.2. Market Share
7.6.2.1. By Type
7.6.2.2. By Offering
7.7. Spain Smart Agriculture Market Outlook
7.7.1. Market Size by Value
7.7.2. Market Share
7.7.2.1. By Type
7.7.2.2. By Offering
7.8. Russia Smart Agriculture Market Outlook
7.8.1. Market Size by Value
7.8.2. Market Share
7.8.2.1. By Type
7.8.2.2. By Offering
8. Asia-Pacific Smart Agriculture Market Outlook
8.1. Market Size By Value
8.2. Market Share
8.2.1. By Country
8.2.2. By Type
8.2.3. By Offering
8.3. China Smart Agriculture Market Outlook
8.3.1. Market Size by Value
8.3.2. Market Share
8.3.2.1. By Type
8.3.2.2. By Offering
8.4. Japan Smart Agriculture Market Outlook
8.4.1. Market Size by Value
8.4.2. Market Share
8.4.2.1. By Type
8.4.2.2. By Offering
8.5. India Smart Agriculture Market Outlook
8.5.1. Market Size by Value
8.5.2. Market Share
8.5.2.1. By Type
8.5.2.2. By Offering
8.6. Australia Smart Agriculture Market Outlook
8.6.1. Market Size by Value
8.6.2. Market Share
8.6.2.1. By Type
8.6.2.2. By Offering
8.7. South Korea Smart Agriculture Market Outlook
8.7.1. Market Size by Value
8.7.2. Market Share
8.7.2.1. By Type
8.7.2.2. By Offering
9. Latin America Smart Agriculture Market Outlook
9.1. Market Size by Value
9.2. Market Share
9.2.1. By Country
9.2.2. By Type
9.2.3. By Offering
9.3. Brazil Smart Agriculture Market Outlook
9.3.1. Market Size by Value
9.3.2. Market Share
9.3.2.1. By Type
9.3.2.2. By Offering
9.4. Argentina Smart Agriculture Market Outlook
9.4.1. Market Size by Value
9.4.2. Market Share
9.4.2.1. By Type
9.4.2.2. By Offering
9.5. Colombia Smart Agriculture Market Outlook
9.5.1. Market Size by Value
9.5.2. Market Share
9.5.2.1. By Type
9.5.2.2. By Offering
10. Middle East & Africa Smart Agriculture Market Outlook
10.1. Market Size by Value
10.2. Market Share
10.2.1. By Country
10.2.2. By Type
10.2.3. By Offering
10.3. UAE Smart Agriculture Market Outlook
10.3.1. Market Size by Value
10.3.2. Market Share
10.3.2.1. By Type
10.3.2.2. By Offering
10.4. Saudi Arabia Smart Agriculture Market Outlook
10.4.1. Market Size by Value
10.4.2. Market Share
10.4.2.1. By Type
10.4.2.2. By Offering
10.5. South Africa Smart Agriculture Market Outlook
10.5.1. Market Size By Value
10.5.2. Market Share
10.5.2.1. By Type
10.5.2.2. By Offering
11. Market Dynamics
11.1. Key Drivers
11.2. Key Challenges
12. Market Trends and Developments
12.1. XXXXXX
12.2. XXXXXX
12.3. XXXXXX
13. Company Profiles
13.1. Raven Industries, Inc
13.2. Merck & Co., Inc
13.3. Deere & Company
13.4. Ag Junction Inc.
13.5. Trimble Inc.
13.6. Topcon Positioning Systems,Inc.
13.7. AGCO Corporation
13.8. AG Leader Technology
13.9. Afimilk Limited
13.10. InnovaSea Systems, Inc.
13.11. Abaco Systems, Inc.
13.12. GEA Group Aktiengesellschaft (Gea CowScout)
13.13. Grownetics, Inc.
13.14. Heliospectra AB
13.15. Nedap N.V. Inc
13.16. Gamaya SA
13.17. Ceres Imaging, Inc
13.18. AKVA group
13.19. CropX Technologies
14. Strategic Recommendations
15. Disclaimer
List of Figures
Figure 1: Global Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 2: Global Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 3: Global Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 4: North America Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 5: North America Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 6: North America Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 7: US Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 8: US Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 9: US Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 10: Canada Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 11: Canada Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 12: Canada Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 13: Mexico Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 14: Mexico Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 15: Mexico Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 16: Europe Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 17: Europe Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 18: Europe Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 19: Germany Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 20: Germany Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 21: Germany Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 22: UK Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 23: UK Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 24: UK Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 25: France Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 26: France Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 27: France Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 28: Italy Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 29: Italy Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 30: Italy Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 31: Spain Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 32: Spain Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 33: Spain Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 34: Russia Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 35: Russia Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 36: Russia Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 37: Asia-Pacific Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 38: Asia-Pacific Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 39: Asia-Pacific Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 40:China Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 41: China Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 42: China Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 43: Japan Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 44: Japan Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 45: Japan Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 46: India Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 47: India Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 48: India Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 49: Australia Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 50: Australia Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 51: Australia Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 52: South Korea Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 53: South Korea Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 54: South Korea Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 55: Latin America Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 56: Latin America Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 57: Latin America Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 58: Brazil Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 59: Brazil Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 60: Brazil Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 61:Argentina Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 62: Argentina Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 63: Argentina Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 64: Colombia Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 65: Colombia Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 66: Colombia Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 67: Middle East & Africa Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 68: Middle East & Africa Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 69: Middle East & Africa Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 70: UAE Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 71: UAE Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 72: UAE Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 73: Saudi Arabia Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 74: Saudi Arabia Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 75: Saudi Arabia Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 76: South Africa Smart Agriculture Market Size By Value 2016 to 2027F (In USD Millions)
Figure 77: South Africa Smart Agriculture Market Share By Type (2016, 2021&2027F)
Figure 78: South Africa Smart Agriculture Market Share By Offering (2016, 2021&2027F)
Figure 79: Market Attractiveness Index, 2021
Figure 80: Market Attractiveness Index, 2027
List of Tables
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Smart Agriculture Market Share By Region (2016, 2021&2027F)
Table 5: Global Smart Agriculture Market Share By Country
Table 6: Global Smart Agriculture Market Share
Table 7: North America Smart Agriculture Market Share By Country (2016, 2021&2027F)
Table 8:Europe Smart Agriculture Market Share By Country (2016, 2021&2027F)
Table 9: Asia-Pacific Smart Agriculture Market Share By Country (2016, 2021&2027F)
Table 10: Latin America Smart Agriculture Market Share By Country (2016, 2021&2027F)
Table 11: Middle East & Africa Smart Agriculture Market Share By Country (2016, 2021&2027F)
Table 12: Key Facts of Raven Industries, Inc
Table 13: Key Facts of Merck & Co., Inc
Table 14: Key Facts of Deere & Company
Table 15: Key Facts of Ag Junction Inc.
Table 16: Key Facts of Trimble Inc.
Table 17: Key Facts of Topcon Positioning Systems, Inc.
Table 18: Key Facts of AGCO Corporation
Table 19: Key Facts of AG Leader Technology
Table 20: Key Facts of Afimilk Limited
Table 21: Key Facts of InnovaSea Systems, Inc.
Table 22: Key Facts of Abaco Systems, Inc.
Table 23: Key Facts of GEA Group Aktiengesellschaft (Gea CowScout)
Table 24: Key Facts of Grownetics, Inc.
Table 25: Key Facts of Heliospectra AB
Table 26: Key Facts of Nedap N.V.
Table 27: Key Facts of Gamaya SA
Table 28: Key Facts of Ceres Imaging, Inc
Table 29: Key Facts of AKVA group
Table 30: Key Facts of CropX Technologies

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